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MondayDec 29, 2008 4:06 pm

December 29th CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: GERS, GNBT, SWYV, PCFG Given the developments of the past year, it should come as no shock that there was no holiday rally to usher in the New Year, but all things considered, things ended in a fairly tame fashion. The Dow ended the week down 64 points to close at 8515, bringing its year to date losses to 35.8%. The Nasdaq faired slightly worse, losing 34 to close at 1530, down 42.3% on the year, while the S&P 500 and Russell 2000 ended the week down 1.7% and 2% respectively. Despite…

MondayDec 29, 2008 8:18 am

China 3C Group (CHCG.OB) Inks Definitive Agreement to Acquire Jinhua Baofa Logistic Ltd.

Today, China 3C Group announced that it has agreed to acquire 100% of Jinhua Baofa Logistic Ltd. ("Jinhua"), a well-known logistic company in Eastern China. The agreed amount for this transaction is RMB 120 million (approximately $17.4 million). The company anticipates completing the acquisition by March 31, 2009. Jinhua was founded in 2001 and currently employs about 350 people. With 280 customers and a fleet of more than 70 trucks, the company had sales of RMB 54.2 million (approximately $7.85 million), net income of RMB 11.7 million (approximately $1.69 million), and gross margin of 32.2% for the nine months ended…

MondayDec 29, 2008 8:11 am

Composite Technology Corp. (CPTC.OB) Subsidiary Successfully Completes Turbines for Chile

Today before the opening bell, Composite Technology Corp. announced that subsidiary DeWind, Inc. has shipped the last five D8-2000 wind turbines for a wind power generation project in Chile. The company previously shipped five turbines to the Port of Houston for the same project. The ten turbines were assembled by TECO Westinghouse in Round Rock, Texas where DeWind's D8-2000 and D8.2 turbine assembly capabilities have been established under the terms of a Commercial Manufacturing Agreement. Robert Rugh, President of DeWind, stated, "This shipment successfully completes the assembly phase of this turbine supply contract. The nacelles and hubs will meet up…

MondayDec 29, 2008 8:09 am

Sirius XM Radio, Inc. (SIRI) Urges Subscribers to Stay Tuned in as it Introduces New Year’s Eve Programming

Today, Sirius XM Radio announced that it will be introducing an extensive lineup of New Year’s Eve programming that encompasses multiple music, talk and sports channels. The satellite radio company will also air exclusive live concert broadcasts featuring some of the most popular acts of the past four decades. Scott Greenstein, President and Chief Content Officer, SIRIUS XM Radio, stated, "With more people staying in this year, SIRIUS XM has a great solution for how to celebrate the new year: stay in with us as we offer special programming across all our channels. Like never before we will provide people…

MondayDec 29, 2008 7:56 am

Transgenomic Inc. (TBIO.OB) Finds Positive Profit Position on Strong Consumable and Research Services Sales

In the world of “Big Pharma,” sometimes the small things go unnoticed. Investors are so interested in when and how the product pipeline will be filled, they miss the development process required to fill it. In a certain sense, they don’t see the trees through the forest. There is much work that needs to be done before a drug gets anywhere near the sales stage, and as the drug companies often say in support of higher drug prices, it costs to get to that point. Finding a company that is a part of that process is an opportunity, and one…

MondayDec 29, 2008 7:02 am

Nexia Holdings, Inc.’s (NXHD.OB) One of a Kind Black Chandelier Brand

The Black Chandelier’s uniqueness and exclusivity draws crowds away from big box retailers. Crazy models like Lisa D'Amato, eco-friendly fabrics, in-house sewers and silk screeners, and manufacturing relationships with top-notch Asian companies are just a few unique features that set Black Chandelier apart from clothing giants such as The Gap, Hot Topic, and Target. Black Chandelier currently operates one retail location in the high-end shopping complex of The Gateway in downtown Salt Lake. The retail store was designed to be as much of a tourist attraction as an innovative retail shopping experience, and is filled the abstract and fantastical clothing designs…

MondayDec 29, 2008 6:32 am

Kraig Biocraft Laboratories, Inc. (KBLB.OB) is Led by a Knowledgeable Board of Scientific Advisors

Malcolm. J. Fraser, Jr. Ph.D. earned his Ph.D from Ohio State University and performed postdoctoral research at Penn State University and Texas A&M University. At the Texan University, he played a key role in developing the genetic expression system which is now a widely used methodology for producing organic molecules, including pharmaceuticals, on an industrial scale. Randy Lewis, Ph.D received his B.S. in chemistry from the California Institute of Technology, and his M.S. in chemistry and Ph.D. in Biochemistry from the University of California, San Diego. Dr. Lewis, internationally renowned for his work on spider silk, is the named inventor…

MondayDec 29, 2008 6:11 am

HST Global, Inc. (HSTC.OB) and EBITDA Capital are Focused on Attaining Success Together through Strategic Alliance

Earlier this year, HST Global announced that it contracted EBITDA Capital LLC of Newport Beach California and its group of associates to join HST-Global’s efforts in working toward an overall corporate strategy. The company also announced Former United States Congressman Bill Sarpalius, the President and CEO of Advantage Associates International, has been given the role of interfacing with the political community in Washington DC. Mr. Sarpalius said, “We are excited to be in a position to raise the awareness of both the public and members of the government about HST’s treatment solution. The opportunity of bringing a treatment for late…

MondayDec 29, 2008 6:00 am

QuoteMedia, Inc. (QMCI.OB) is a Frontrunner in the Financial Market Data Industry

QuoteMedia offers a broad array of services and an exceptional number of technical differentiators in embedded, fully private-labeled and seamlessly integrated environments. Through its collection of financial data, news, and research sources, QuoteMedia has become a comprehensive solution for stock market related information provisioning. To effective deliver this financial information, the company has developed an advanced, scalable model that aggregates, manages, and streams information to multiple entities. By utilizing this model, corporate clients as well as their customers are able to license comprehensive financial market information and software applications for significantly lower costs compared to the expensive and outdated infrastructures…

FridayDec 26, 2008 9:59 am

Amazon.com, Inc. (AMZN) Recognizes “Best Ever” Holiday Season

Today, Amazon.com announced that the 2008 holiday season was its “best ever” with more than 6.3 million items ordered and 5.6 million units shipped during its peak day on Dec. 15. The company’s upbeat announcement was quite different from most brick-and-motor retail locations. Amazon’s bestsellers included the Nintendo Wii, Samsung's 52-inch LCD HDTV, the Apple iPod touch and the Blokus board game. Let us hear your thoughts below:

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